Log In/Sign Up
Your email has been sent.
Owner-User Office / Medical for Sale 4721 Laurel Canyon Blvd 4,767 SF Office Building Valley Village, CA 91607 $3,838,780 CAD ($805.28 CAD/SF) 5.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Multi-tenant building with month-to-month tenants
- Located one-block north of the 101 Freeway in the heart of the Eastern San Fernando Valley
- Includes parking both adjacent and behind each building
- Small office suites on both the ground and second floors
- Variety of opportunities for investors and owner-users alike
- The buildings were upgraded with structural steel framing in 2006 to accommodate the medical change of use
EXECUTIVE SUMMARY
illi Commercial is pleased to present 4721 Laurel Canyon Boulevard, a 4,767 square foot multi-tenant professional office property, located one-block north of the 101 Freeway in
Valley Village, neighboring Studio City.
All tenancy is month to month, creating a flexible opportunity for both owner-users and investors alike. Owner has received preliminary approvals for change of use to medical.
The building was upgraded with structural steel framing in 2006 to accommodate additional covered parking. The bright offices include large windows and are accessible by way of an open-air walkway with common restrooms.
The current owner’s unit includes a private restroom with a shower. The property is adjacent to 4717 Laurel Canyon, with which it shares a central driveway and gated entry. With over 30 feet of building frontage on Laurel Canyon Blvd., a tremendous signage opportunity exists for an owner-user, or tenants of the project.
Valley Village, neighboring Studio City.
All tenancy is month to month, creating a flexible opportunity for both owner-users and investors alike. Owner has received preliminary approvals for change of use to medical.
The building was upgraded with structural steel framing in 2006 to accommodate additional covered parking. The bright offices include large windows and are accessible by way of an open-air walkway with common restrooms.
The current owner’s unit includes a private restroom with a shower. The property is adjacent to 4717 Laurel Canyon, with which it shares a central driveway and gated entry. With over 30 feet of building frontage on Laurel Canyon Blvd., a tremendous signage opportunity exists for an owner-user, or tenants of the project.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
4,767 SF
Building Class
B
Year Built/Renovated
1961/2006
Price
$3,838,780 CAD
Price Per SF
$805.28 CAD
Cap Rate
5.50%
NOI
$211,133 CAD
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,384 SF
Building FAR
0.68
Lot Size
0.16 AC
Zoning
LAC2 - Commercial Zone
Parking
17 Spaces (3.57 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Wheelchair Accessible
- Kitchen
- Reception
- Natural Light
- Partitioned Offices
- Air Conditioning
Walk Score®
Very Walkable (88)
Bike Score®
Very Bikeable (71)
PROPERTY TAXES
| Parcel Number | 2356-037-037 | Improvements Assessment | $572,612 CAD |
| Land Assessment | $858,923 CAD | Total Assessment | $1,431,535 CAD |
PROPERTY TAXES
Parcel Number
2356-037-037
Land Assessment
$858,923 CAD
Improvements Assessment
$572,612 CAD
Total Assessment
$1,431,535 CAD
1 of 17
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Owner-User Office / Medical for Sale | 4721 Laurel Canyon Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.